Mobile Payments Market is Set to Fly High in Year to Come
Advance Market Analytics published a new research publication on "Mobile Payments Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Mobile Payments market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are: Apple (United States), Google (United States), PayPal (United States), Mastercard (United States), One97 Communications (Paytm) (India), Bharti Airtel (India), Vodafone (United Kingdom), Orange S.A. (France), Samsung Pay (South Korea), Verifone (United States), Square, Inc. (United States), Alipay (China).
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Scope of the Report of Mobile Payments In recent years mobile payment has top priority in the financial industry and risen tremendously, particularly in the millennial and generation Z group across the world. Mobile payments have the potential to significantly change the consumer’s preferences to pay for goods and services. The recent adoption of Near Field Communication (NFC) technology to the payment industry is one of the major driving agents in the growth of the mobile payment market. In emerging economies includes India, China and Brazil with high penetration of smartphone and low banking services, mobile payment are getting a better opportunity in these geographic regions.
The titled segments and sub-section of the market are illuminated below: by Type (Mobile wallet/Bank cards, Mobile money), Application (Retail, BFSI, Telecom and IT, Media and Entertainment, Healthcare, Travel and Hospitality, Transportation and Logistics, Energy and Utilities, Others), Nature of Payment Type (Person to Person, Person to Business, Business to Person, Business to Business), Payment Mode (NFC/Smart card, Direct mobile billing, Mobile web/WAP payments, Mobile apps, IVRS, Others (Wi-Fi, QR codes, and STK/USSD)), Location of Payments (Remote payments, Proximity payments)
Market Drivers: The Growth in the Number of Smartphones and Internet Users Worldwide
Rising E-Commerce Industry and High-Speed Cellular Networks in Developing Economies
Surging Adoption of Data Analysis Tools and Big Data analytics by Vendors to Customize their Offerings
Market Trends: Increasing Collaboration with Payment Networks and Mobile Operators to Enhance Mobile Payment Solutions
Mobile Payment Companies Attract and Offers Various Cashback Features to their Users
Opportunities: Numerous Government Encouraging Banks to Build Digital Infrastructure to Enable Safe and Secure Mobile Payments
Increasing Use of Digital Payment in Specifically in Developing Economies
What can be explored with the Mobile Payments Market Study? ? Gain Market Understanding ? Identify Growth Opportunities ? Analyse and Measure the Global Mobile Payments Market by Identifying Investment across various Industry Verticals ? Understand the Trends that will drive Future Changes in Mobile Payments ? Understand the Competitive Scenarios - Track Right Markets - Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Mobile Payments Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Mobile Payments market
Chapter 2: Exclusive Summary – the basic information of the Mobile Payments Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Mobile Payments
Chapter 4: Presenting the Mobile Payments Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Mobile Payments market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source finally, Mobile Payments Market is a valuable source of guidance for individuals and companies.
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